Ron Legrand has been in the real estate industry since 1982,
having personally experienced five market cycles. He is an
investor, podcast host, author, and real estate coach who’s helped
thousands of ordinary people find their financial freedom by
investing in real estate. He has personally bought and sold over
2,500 homes and made millions off commercial real estate deals. He
is considered the country’s leading expert on anything real estate
and is dubbed the “Millionaire Maker.”

Ron joins me today to share his wisdom and point of view on how
even a complete stranger to real estate can succeed in the
industry. He describes what his life was like before he became an
investor, what drove him to try his hand in real estate, and why he
initially made a lot of poor investments. Ron also discusses the
market cycles he’s experienced and how he survived all of them,
shares some of the more common mistakes new investors make and
provide tips for those who are interested in this business.

“Learn the basics of buying real estate
without using your money or credit, or you're just not going get
very far.” - Ron Legrand

On Today’s Episode of Flip Talk:

What sparked his interest in real estate.

The biggest problem most people have when getting into real
estate.

What is the "Pretty House" business?

The difference technology has made in how he runs his company
today.

Why 2008 was one of the worst market cycles.

The triggers in the market cycles he's witnessed and what did
he learn from them.

Why it’s a bad idea to guarantee debt.

Why his exit strategy involves lease options.

His tips for working on the phone.

Ron Legrand’s Tips for Getting into Real Estate
Investing:

“No money down” is a totally misunderstood phrase. It just
means it's not your money.

Always use attorneys to close everything.

When you have no exit strategy, you have no projects.

If you have no buyers in today’s market, you’ve done nothing to
find them.

Latch on to somebody you trust to give you quality information
and follow the fellow who follows their dream.

Thanks for tuning into the FlipTalk podcast! If you enjoyed this
episode and want to learn even more about what it takes to build a
7-figure real estate business,
head over to iTunes and subscribe to the show. Don’t forget to
tune into our other shows: FlipTalk’s Rookie Play Book and
FlipTalk’s REI Round Table. Share your favorite episodes on social
media to help other new investors learn what it takes to grow a
successful business in the real estate investing industry.

About the Podcast

Flip Talk with Don Costa is a no BS podcast with the specific goal of giving real, actionable information that you can use to start or grow your real estate business. No fluff, no bull, and no so-called
"experts". Just real knowledge, tips, and tricks from the guys who actually flip houses every day! Subscribe for our weekly episodes and get an inside look at successful house flipping businesses, and learn from real investors who have forged the path of success. Join Don Costa to get tips and tricks on how to implement systems while avoiding common, and costly mistakes. Get the knowledge you need to grow your house flipping business today!